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Search Result for “digital currency”

Showing 1 - 10 of 14

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THAILAND

Digital handout may violate charter, graft busters warn

Online Reporters, Published on 07/02/2024

» The National Anti-Corruption Commission on Wednesday warned the government its 10,000 baht digital wallet handout could be in breach of the constitution and other laws, and incur a long-term public debt burden.

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THAILAND

Taking a huge gamble

News, Post Reporters, Published on 25/11/2023

» The ruling Pheu Thai Party may be teetering on the brink in pushing its much-touted digital wallet scheme which is highly controversial as it is fiercely debatable.

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THAILAND

'Economy crying for stimulus'

Published on 16/11/2023

» The government insists the economy is in a crisis and requires a stimulus package to prevent the situation from deteriorating and a recovery harder to mount.

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THAILAND

Council mulling handout scheme

News, Mongkol Bangprapa, Published on 15/11/2023

» The government is consulting the Council of State about the legality of a bill seeking to borrow 500 billion baht to finance the 10,000-baht digital money handout scheme.

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THAILAND

PM bets on coalition support

News, Post Reporters, Published on 14/11/2023

» Prime Minister Srettha Thavisin said he was confident the coalition parties, with 320 votes in the House, would support the passage of a bill seeking to borrow 500 billion baht to fund the government's 10,000-baht digital money handout scheme.

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THAILAND

'Govt coffers can cover e-wallet offer'

Mongkol Bangprapa, Published on 24/10/2023

» Criticism of the 10,000-baht digital currency handout scheme will not affect government stability, Deputy Prime Minister and Commerce Minister Phumtham Wechayachai said on Tuesday.

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THAILAND

Srettha brushes off digital wallet critics

News, Mongkol Bangprapa, Published on 24/10/2023

» The government will press ahead with its 10,000-baht digital currency handout scheme despite growing criticism, Prime Minister Srettha Thavisin said on Monday.

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THAILAND

Digital money handout to be delayed

Post Reporters, Published on 19/10/2023

» The government cannot hand out 10,000 baht in digital money to people on Feb 1 as planned earlier because it will take longer to develop a secure system, according to Deputy Finance Minister Julapun Amornvivat.

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THAILAND

Party wants court to suspend B500bn govt handout

Post Reporters, Published on 18/10/2023

» The Thai Pakdee Party on Wednesday asked the Ombudsman to request the Administrative Court to suspend the government's digital money handout, which could cost the state over 500 billion baht, because of its likely impact on the financial system.

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THAILAND

PM: Sansiri not involved in wallet app

Wassana Nanuam, Published on 18/10/2023

» Prime Minister Srettha Thavisin on Tuesday dismissed rumours that an affiliate of property developer giant Sansiri Plc is to develop a new application the government intends to use in the coming implementation of its 10,000-baht digital currency handout scheme.